Prime Redevelopment Opportunity: Three
For Sale
$4,790,000
855 Mountain Ave, Mountainside, NJ 07092
Three lots available for residential and commercial redevelopment.
Property Size12,000 SF
Lot Size0.52 Acres
Price / SF$399.17
Days on Market754
Property Features for 855 Mountain Ave
General Information
Standard status
Active
Size
12,000 SF
Lot size
0.52 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$32,865
Amenities
Central air
Asphalt Shingle Roof
4+ Units Cooling
4+ Units Heating
Blacktop Driveway
Level Lot
Off-Street Parking
Parking Lot-Exclusive
Building Details
Year Built
9999
Listing Agency:
COLDWELL BANKER REALTY
(908) 233-5555
Listed By:
JOHN CLARK WILEY
Source:
Corcoran
Added: Jul 17, 2024
Changed: Aug 8
Last Checked: Jul 16 at 6:53AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of COLDWELL BANKER REALTY
Investment Insights
Based on property information with market context.
This offering presents a redevelopment opportunity featuring three large lots. Lot 1, a half-acre residential lot, is situated in the Gardens section of Westfield, located at the corner of Mountain Avenue and Mountainview Terrace. Adjoining Lots 2 and 3 face Mountain Avenue in downtown Mountainside. Currently, Lots 2 and 3 feature a 12,000 square foot bank building with three levels, elevator access, and handicap accessibility. The commercial building is surrounded by parking areas and vacant land. This is a redevelopment opportunity to build a home in Westfield and redevelop a visible location in downtown Mountainside.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
426
Businesses Nearby
Explore this area
Business Placement
Demographics for 07092, NJ
7,082
Population
2,616
Households
2.7
Avg Household Size
47
Median Age
66%
College-Educated
97%
High-School Grad
4.0 sq mi
ZIP Area
1,771
Density / Sq Mi
$210,100
Median Household Income
$87,207
Median Earnings
$3,501
Median Rent
$755,600
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Three lots available for residential and commercial redevelopment.
Where is this residential land & home lot located?
The property is located at 855 Mountain Ave Mountainside, NJ.
What is the asking price?
The asking price for this property is $4,790,000.
